What makes you believe the market for labor isn’t monopsonistic?
To me it seems pretty plausible that the labor market is full of minor monopsonies. For example I prefer to work at a store closer rather than farther away from me which would give the local store some market power on my labor.
Or maybe I prefer to work at the only coffee place in my town as opposed to the only tea place due to my interest coffee.
What makes you believe the market for labor isn’t monopsonistic?
To me it seems pretty plausible that the labor market is full of minor monopsonies. For example I prefer to work at a store closer rather than farther away from me which would give the local store some market power on my labor.
Or maybe I prefer to work at the only coffee place in my town as opposed to the only tea place due to my interest coffee.